Here's How Much $1000 Invested In SPDR Gold Trust 20 Years Ago Would Be Worth Today

SPDR Gold Trust (NYSE:GLD) has outperformed the market over the past 20 years by 1.83% on an annualized basis producing an average annual return of 10.47%. Currently, SPDR Gold Trust has a market capitalization of $110.26 billion.

Buying $1000 In GLD: If an investor had bought $1000 of GLD stock 20 years ago, it would be worth $7,277.57 today based on a price of $326.30 for GLD at the time of writing.

SPDR Gold Trust's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.